STORY OF THE DAY
C&W Echinox: Bucharest office space usage at 50%

Story of the week

06
May
2021

C&W Echinox: Bucharest office space usage at 50%

by Property Forum
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
Read more >

Retail

07
May
2021

51 new Dino stores opened in Poland in Q1 2021

by Property Forum
At the end of March 2021 the Dino network numbered 1,532 stores, up 298 versus March 2020. 59 new stores were opened in Q1 2021. The EBITDA margin in Q1 2021 was 8.8%, i.e. 0.2 percentage points above the corresponding period of 2020.
Read more >
Globalworth appoints general contractor for Wrocław renovation project Wing selects contractor for Budapest shopping centre renovation CPI begins reconstruction of Budapest shopping centre

Industrial

07
May
2021

Panattoni enters the Hungarian market with 2 projects

by Property Forum
Panattoni is entering a new market. The company has announced the opening of an office in Hungary, headed by László Kemenes. Panattoni has already two projects secured in the Budapest market.
Read more >
Tchibo’s to be the second biggest warehouse in the Czech Republic P3 prepares 64,000 sqm industrial park near Pilsen Romanian industrial market to add 600,000 sqm this year

Career

07
May
2021

Colliers announces end of affiliations in Serbia and Greece

by Property Forum
Colliers announced the end of its affiliation with its partner in Serbia (AVT RE DOO) and Greece (AVTB Private Company), effective immediately.
Read more >
RICS appoints new Advisory Board in Poland Tétris appoints new CEO for Prague branch OTP Real Estate Fund Management appoints new CEO

Investment

06
May
2021

Poland's commercial property market regains momentum

by Property Forum
Cushman & Wakefield has summarised Q1 2021 on the Polish investment market. According to the firm’s experts, this year got off to a positive start, with investment volumes 10% above the five-year average for pre-pandemic first quarters.
Read more >
Poland and Czech Republic remain the most liquid markets in CEE Food and grocery become the new core in retail investment White Star reports strong demand for Tristar warehouses

Residential

06
May
2021

Hungary’s residential market still going strong

by Property Forum
Real estate group Duna House estimates the number of residential property deals completed in Hungary to have reached 13,511 in April 2021. Although this is a slight decrease compared to the pre-pandemic peak in the same month of 2019, overall it is still the third strongest April in the last ten years.
Read more >
BPI and Revive to build huge mixed-use complex in Poznań Poland's residential market sets new sales record

Office

05
May
2021

My Place in Warsaw by Echo is getting full

by Property Forum
More and more tenants are moving into the recently completed office building in the project of My Place. The second and last office building belonging to the multifunctional project developed by Echo Investment in Warsaw's Dolny Mokotów has become a new location for companies from different industries such as technology, finance, beauty and creative sector i.e. marketing and advertising. KAN, ArsThanea, Synektik, Networks! or Bozza have joined Echo's list of tenants.
Read more >
HB Reavis secures 30,000 sqm office lease in Bratislava Colliers to commercialise Fregata office building in Szczecin

Report

04
May
2021

Serbia’s construction industry to return to growth in 2021

by Property Forum
During the last six years, between 2015 and 2020, the Serbian construction industry rolled out into one of the strongest growth cycles in recent history. The powerful surge in construction outputs surpassed all initial expectations, and there are a number of converging factors behind its formidable result. The recovery after the recession gradually transformed itself into a fully-fledged construction boom, which more than doubled Serbia’s construction output, from €2 billion in 2015 to €4 billion in 2019. Even the pandemic in 2020 didn’t change the very positive outlook, although it did cause a slowdown and negative consolidation of construction outputs by some 5% at constant prices. The expected growth should return in 2021, however. The EECFA (Eastern European Construction Forecasting Association) has released its latest article about the Serbian construction industry, written by Dejan Krajinović, Beobuild Core D.O.O.
Read more >
Czech year-on-year investment volume falls by only 8% 2021 CEE investment volumes to reach similar levels to 2020 Investors in Poland adjust strategies to new market conditions

Hotel

04
May
2021

Deutsche Hospitality opens new hotel in Budapest

by Property Forum
Deutsche Hospitality has opened its first IntercityHotel in Budapest. The 312-room hotel, realised by the Hamburg-based B&L Group, will be Deutsche Hospitality's first property in Hungary. Located right next to Keleti Railway Station, it will also feature resplendent latest generation IntercityHotel interior design by the Milan-based architect Matteo Thun.
Read more >
Radisson announces return to Bulgaria Accor adds Romanian hotel to Mercure chain Nordis Group plans leisure hotel chain in Romania

Interview

03
May
2021

PRS in Poland: “There is a lot to do, but also a lot to take”

by Michał Poręcki
Michał Okoń, Managing Director of Zeitgeist Asset Management in Poland talked to Property Forum about the forecasts for the PRS market in Poland, subscription services and the impact of the pandemic on the rented apartment segment.
Read more >
Avison Young plans further expansion in CEE HB Reavis plans to keep assets for longer after completion Is wood the future of construction?

Economy

20
Apr
2021

Croatia, Bulgaria and Romania to gain the most from more EU funding

by Property Forum
An increase in European Union funding available to Central and Eastern European governments will boost GDP growth, suppress debt burdens and improve debt affordability, although implementation challenges will hinder gains in some countries, Moody's Investors Service said in a new report.
Read more >
Hungary's construction industry surprises with February slump Romania seeks €2.2 billion for building renovations Mortgage loans in Romania at 8.6% of GDP

New leases

  • Industrial developer Contera has concluded a contract with Pilsner Urquell for warehouse space measuring 3,676 sqm at Contera Park D1 in Ostrava-Hrušov.
  • 108 Agency has helped secure the lease of 1,600 sqm of industrial space to comic book publishing house Seqoy in Panattoni Park Prague Airport II.
  • M7 Real Estate has announced that it has let a total of 1,605 sqm in Mokotów Plaza to three existing tenants (KDI, Rockwool and Telepizza) under new leases, maintaining the office building as their Polish headquarters. The office now has an occupancy of 81% with an average unexpired lease term of over 7 years.

New appointments

  • Jan Kamoji-Czapiński has joined Colliers' EMEA Location Strategy department, which was launched earlier this year. Jan took up the position of Associate Director and will be responsible for, among others, supporting companies in the development and implementation of location strategies.
  • Prologis Hungary has appointed Adrián Nagy as Facility Manager. Adrián gained a wealth of experience in the real estate, technical and construction sectors while working for BIS Hungary Kft. At Prologis, he is taking on management responsibilities and will report directly to Szilvia Andrelli, Senior Manager for Real Estate & Customer Experience.
  • Gábor Gratzl has reinforced the WING team as Business Development and Transaction Manager since February 2021. Prior to his current position, he worked as a senior investment advisor for the CBRE Hungary Capital Markets Consulting team for more than five years.

Latest news




ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
Please send press releases to
newsdesk@property-forum.eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2021 | Terms & conditions | Privacy policy